v3.26.1
Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 28, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The fair values of derivative instruments held are as follows:
Derivative Assets
(amounts in thousands)Balance Sheet LocationMarch 28, 2026December 31, 2025
Foreign currency forward contractsOther current assets$442 $539 
Derivative Liabilities
(amounts in thousands)Balance Sheet LocationMarch 28, 2026December 31, 2025
Derivatives designated as hedging instruments:
Interest rate contractsAccrued expenses and other current liabilities— 41 
Derivatives not designated as hedging instruments:
Foreign currency forward contractsAccrued expenses and other current liabilities$783 $583 
Schedule of Derivative Instruments, Gain (Loss)
The effect of derivative instruments in the unaudited condensed consolidated statements of operations is as follows:
Location of (Loss) Gain Recognized in Condensed Consolidated Statements of Operations
Amount of (Loss) Gain Recognized in Earnings on Derivatives
Three Months Ended
(amounts in thousands)March 28, 2026March 29, 2025
Derivatives designated as hedging instruments:
Foreign currency forward contractsCost of sales$(106)$47 
Commodity contractsCost of sales— 35 
Interest rate contractsInterest expense, net(39)— 
Derivatives not designated as hedging instruments:
Foreign currency forward contractsOther expense (income)(1,120)(752)
Commodity contractsOther expense (income)— 361 
Total$(1,265)$(309)